Cathie Wood's Ark Invest Makes SpaceX, Circle Top Holdings After Latest Buying Spree
Summary
Cathie Wood’s Ark Innovation ETF holds SpaceX and Circle among its largest positions. SpaceX is the fifth-largest holding at about $282 million, or 4.73% of ARKK, while Circle ranks eighth at about $233 million, or 3.90%. Ark also continued buying both after second-quarter earnings, adding 181,830 SpaceX shares and 273,343 Circle shares across its funds. The purchases were worth roughly $20 million and $17.3 million at closing prices. Both companies are part of Ark’s broader focus on AI, crypto, fintech, and technology, alongside major holdings like Tesla, Coinbase, Robinhood, OpenAI, Bitmine, and Palantir.
